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SR 55

Bona Fide Conservation Use Property; maximum acreage to qualify for assessment and taxation; increase -CA

2025-2026 Regular Session Introduced by John Albers and 19 co-sponsors

SR 55 confirms the Governor's appointee to the Montana Facility Finance Authority, ensuring effective financing for public infrastructure and supporting community growth.

Senate Read and Referred
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Bill Summary · SR 55

Summary of SR 55: Confirmation of Governor's Appointee for the Montana Facility Finance Authority

Bill Overview

  • Bill Number: SR 55
  • Title: Confirm Governor's Appointee for the Montana Facility Finance Authority
  • Status: Filed with Secretary of State
  • Introduced: March 04, 2025
  • Classification: Resolution
  • Subject: Legislature, Public Officers and Employees

Purpose and Intent

The primary purpose of SR 55 is to confirm the appointment made by the Governor of Montana for a position on the Montana Facility Finance Authority (MFFA). This resolution is a procedural step that ensures the Governor's appointee is officially recognized and authorized to serve in this capacity.

Key Provisions

  • Confirmation of Appointment: The resolution specifically addresses the confirmation of a single appointee to the MFFA, which plays a crucial role in financing public facilities within the state.
  • Legislative Process: The resolution underwent several legislative actions, including committee reviews and readings, culminating in its adoption by the Senate.

Legislative Actions Timeline

  • March 17, 2025: Bill introduced.
  • March 18, 2025: First reading and referred to the Business, Labor and Economic Affairs Committee.
  • March 28, 2025: Hearing held by the committee.
  • April 3, 2025: Committee executive action taken; resolution adopted.
  • April 5, 2025: Resolution adopted by the Senate and sent for enrolling.
  • April 7, 2025: Returned from enrolling.
  • April 13, 2025: Signed by the President of the Senate.
  • April 15, 2025: Filed with the Secretary of State.

Impact

The confirmation of the Governor's appointee to the MFFA is significant as it ensures that the authority can continue to function effectively in its role of facilitating financing for public facilities. The appointee will be responsible for making decisions that impact public infrastructure projects, which can have long-term effects on community development and economic growth in Montana.

Conclusion

SR 55 is a resolution that confirms a key appointment within the Montana Facility Finance Authority, reflecting the legislative process required for such confirmations. The successful passage of this resolution allows the appointed individual to begin their duties, contributing to the financial management of public facilities in the state.

Compiled from official sources — confirm details with the bill’s official record.

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